Sunday, 30 September 2012
From AlAhram Online:
President Morsi's visit pays dividends as Ankara agrees to a new aid package
In this photo provided by Turkish Prime Minister's Press Service,Turkey's Prime Minister Recep Tayyip Erdogan, right, and Egyptian President Mohammed Morsi salute the members of Turkey's ruling Justice and Development Party in Ankara, Turkey, Sunday, Sept. 30, 2012. (Photo: AP)
Turkey has agreed a $1 billion loan for Egypt during President Mohamed Morsi's visit to the country, the state-run MENA news agency reported on Sunday.
The borrowing is the first tranche of a total reported $2 billion Turkish aid package for Cairo.
Morsi on Sunday attended the annual conference of the ruling Justice and Development Party (AKP) in the Turkish capital of Ankara.
On his first visit to Turkey as Egyptian president, Morsi spoke from the stage and urged his audince to support "the nations that are aspiring to freedom and independence."
Addressing the Turkish nation specifically, Morsi added: "The Arab world and the Arab Spring need you and your support to achieve sought-for stability."
Posted on 09/30/2012 1:16 PM by Hugh Fitzgerald
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